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There are many good reasons why you should try to avoid high turnover in your team. Firstly, there is the cost of searching for a new employee and their onboarding. Secondly, there is the time (your own and that of your team members) that needs to be spent on training the new employee. Thirdly, it is a matter of keeping knowhow within the team. Then there is the insufficient experience and skills of team members. And so on. If people in your team rotate with higher frequency than figures on the Prague Astronomical Clock, the likely cause is one or more of the following reasons.
This text draws on an Entrepreneur.com article.
A very common reason for high turnover is simply being overloaded with work. If your subordinates have to do so much work that they are overwhelmed and stressed out, no benefits or bonuses will prevent them sooner or later leaving.
Education and development top the list of things desired by employees. If you neglect employee development, it may very well happen that they become frustrated by stagnating in one place.
A toxic working environment can take many forms. It might be bullying from management, non-transparent communication, gossiping, workaholism, or tolerance of dishonest behaviour by some employees.
If you do not train newcomers properly, do not explain to them what they should be doing or fail to enthuse them for the vision of the team or company, you cannot be surprised if they are disgruntled.
Very often employees leave simply because they lack job satisfaction. There may be several reasons for this; a frequent one is micromanagement by the team leader, which leaves employees no room for their own initiative. Or it is simply the fact that the job is boring.
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